Of course, India leads the way with nearly 10% of that amount - $ 21.7 billion !
Here are the leaders...
- India : $ 21.7 billion
- China : $ 21.3 billion
- Mexico : $ 18.7 billion
- France : $ 11.6 billion
Analysis of household surveys indicates that remittances have been associated with significant declines in poverty (headcounts) in several low-income countries, including Uganda (11 percent), Bangladesh (six percent) and Ghana (five percent). In addition, remittances appear to help households maintain their consumption levels through economic shocks and adversity. They are also associated with increased household investments in education and health, as well as increased entrepreneurship.Basically, this money goes directly to the people and aid significantly in improving people's lifestyles and reducing poverty.
* - link via Sepia Mutiny
+ - figure from the above World Bank Report.